Under capitalism the common man enjoys amenities which in ages gone by were unknown and therefore inaccessible even to the richest people.

War can really cause no economic boom, at least not directly, since an increase in wealth never does result from destruction of goods.

Not mythical material productive forces, but reason and ideas determine the course of human affairs. What is needed to stop the trend toward socialism and despotism is common-sense and moral courage.

What people today call inflation is not inflation, i.e., the increase in the quantity of money and money substitutes, but the general rise in commodity prices and wage rates which is the inevitable consequence of inflation.

The supremacy of public opinion determines not only the singular role that economics occupies in the complex of thought and knowledge. It determines the whole process of human history.

The truth is that the government cannot give if it does not take from somebody...It is not in the power of the government to make everybody more prosperous.

It is merely a metaphor to call competition competitive war, or simply, war. The function of battle is destruction; of competition, construction.